Report Update Apr 1, 2024

Hungary - Goat Meat - Market Analysis, Forecast, Size, Trends and Insights

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Hungary: Goat Meat Market 2024

Goat Meat Market Size in Hungary

The Hungarian goat meat market dropped to $X in 2022, waning by X% against the previous year. Overall, consumption continues to indicate a deep contraction. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Goat Meat Production in Hungary

In value terms, goat meat production dropped markedly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

In 2022, the average goat meat yield in Hungary shrank modestly to X kg per head, which is down by X% on the previous year. Over the period under review, the yield showed a mild decline. The most prominent rate of growth was recorded in 2019 when the yield increased by X%. As a result, the yield reached the peak level of X kg per head. From 2020 to 2022, the growth of the average goat meat yield failed to regain momentum.

In 2022, number of animals slaughtered for goat meat production in Hungary dropped to X heads, waning by X% compared with the year before. In general, the number of producing animals showed a deep contraction. The pace of growth was the most pronounced in 2017 when the number of producing animals increased by X% against the previous year. The number of animals slaughtered for goat meat production peaked at X heads in 2018; however, from 2019 to 2022, producing animals remained at a lower figure.

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Goat Meat Exports

Exports from Hungary

In 2017, exports of goat meat from Hungary fell markedly to X kg, declining by X% compared with the previous year's figure. In general, exports saw a sharp reduction. The growth pace was the most rapid in 2014 with an increase of X%. As a result, the exports reached the peak of X tons. From 2015 to 2017, the growth of the exports failed to regain momentum.

In value terms, goat meat exports fell rapidly to $X in 2017. Over the period under review, exports recorded a deep setback. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the exports attained the peak of $X. From 2015 to 2017, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Russia (X kg) was the main destination for goat meat exports from Hungary, with a approx. X% share of total exports.

From 2013 to 2017, the average annual growth rate of volume to Russia stood at X%.

In value terms, Russia ($X) also remains the key foreign market for goat meat exports from Hungary.

From 2013 to 2017, the average annual rate of growth in terms of value to Russia amounted to X%.

Export Prices by Country

The average goat meat export price stood at $X per ton in 2017, increasing by X% against the previous year. Over the period under review, export price indicated a buoyant expansion from 2013 to 2017: its price increased at an average annual rate of X% over the last four-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. The export price peaked in 2017 and is likely to see gradual growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2013 to 2017, the rate of growth in terms of prices for Russia amounted to X% per year.

Goat Meat Imports

Imports into Hungary

In 2022, the amount of goat meat imported into Hungary stood at X kg, almost unchanged from the previous year's figure. In general, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, goat meat imports amounted to $X in 2022. Over the period under review, imports continue to indicate a precipitous descent. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the Netherlands (X kg) constituted the largest goat meat supplier to Hungary, accounting for a X% share of total imports. Moreover, goat meat imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Romania (X kg), sixfold.

From 2013 to 2022, the average annual rate of growth in terms of volume from the Netherlands stood at X%.

In value terms, the Netherlands ($X) constituted the largest supplier of goat meat to Hungary, comprising X% of total imports. The second position in the ranking was taken by Romania ($X), with a X% share of total imports.

From 2013 to 2022, the average annual growth rate of value from the Netherlands amounted to X%.

Import Prices by Country

In 2022, the average goat meat import price amounted to $X per ton, therefore, remained relatively stable against the previous year. In general, the import price showed a perceptible decrease. The pace of growth appeared the most rapid in 2014 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Romania amounted to $X per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Austria (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for goat meat in the world?

The country with the largest volume of goat meat consumption was China, comprising approx. 39% of total volume. Moreover, goat meat consumption in China exceeded the figures recorded by the second-largest consumer, India, fivefold. The third position in this ranking was taken by Pakistan, with an 8.2% share.

What are the largest producers of goat meat in the world?

China constituted the country with the largest volume of goat meat production, comprising approx. 39% of total volume. Moreover, goat meat production in China exceeded the figures recorded by the second-largest producer, India, fourfold. Pakistan ranked third in terms of total production with an 8.1% share.

What are the leading suppliers of goat meat to Hungary?

In value terms, the Netherlands $45) constituted the largest supplier of goat meat to Hungary, comprising 88% of total imports. The second position in the ranking was taken by Romania $6), with a 12% share of total imports.

What are the leading importers of goat meat from Hungary?

In value terms, Russia remains the key foreign market for goat meat exports from Hungary.

What is the average export price for goat meat in Hungary?

In 2017, the average goat meat export price amounted to $12,631 per ton, increasing by 34% against the previous year.

What is the average import price for goat meat in Hungary?

In 2022, the average goat meat import price amounted to $7,286 per ton, approximately reflecting the previous year.

This report provides an in-depth analysis of the goat meat market in Hungary. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 1017 - Goat meat

Country coverage:

Hungary

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Hungary
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Producing Animals Slaughtered, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023